NZ Everyday Investor cover image

Concerned About the Panda in The Room Yet? / News of the Money-World #41

NZ Everyday Investor

00:00

What's Happening in the Property Sector?

A year ago, the chinese government took the view that the property sector was a significant rest of the economy. They limited the amount f of exposure that a single bank was allowed to have to property. For the first time ever, we are starting to see property prices come down. So if youre highly livered property company like ivegran, pretty ugly because, a, you're highly lived, liverage works when markets go up. Liverage doesn't work wan markets goes down. And i remember thinking at the time, hey, this is either tisis either goin to be localized, or it's going to b international. It's going to be a contag

Play episode from 05:25
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app